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Property profile & analytics
OFF-MARKET
Commercial real estate

3802 3Rd St Tillamook, OR 97141

16,491 SF 12.14 ac lot Built 1910
Property ID
US71-0455254
Property summary
AI-generated overview

This exceptional 12.14-acre commercial property presents a rare development opportunity within the Tillamook city limits. The expansive lot offers potential access to Highway 6, in addition to existing access from 3rd Street. The property includes a 1,184-square-foot residential structure featuring two bedrooms and one bathroom. This existing house provides immediate income potential or could be repurposed as part of a larger development plan. The substantial 16,491 square feet of total building area offers significant flexibility for various commercial ventures. The property's prime location and ample acreage make it ideal for a wide range of uses, from retail and hospitality to light industrial or mixed-use developments. Given its size and strategic location, this property represents a significant investment opportunity with considerable upside potential. Serious inquiries only. A 24-hour notice is required for showings of the existing residential structure. The property is listed at $10,000,000. This is a unique chance to acquire a substantial commercial parcel in a desirable Oregon coastal location. Don't miss this opportunity to shape the future of Tillamook's commercial landscape.

Property profile
Verified
Property type Commercial real estate
Year built 1910
Total area 16,491 SF
Lot 12.14 ac (528,818 SF)
UPID US71-0455254
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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